Brexit Cost Implications to Weigh on UK Re/Insurers: A.M. Best Report January 20, 2017 By L.S. Howard The cost implications of the loss of passporting rights after the UK exits the European Union will weigh on re/insurers,...
Lloyd’s Moves Closer to Forming EU Subsidiary to Prepare for Brexit January 18, 2017 By Pamela Barbaglia Lloyd’s of London will make an announcement on its new European subsidiary by the middle of April at the latest,...
Britain to Seek ‘Hard Brexit’: UK Prime Minister May January 17, 2017 By Kylie MacLellan and William James Britain will leave the EU’s single market when it exits the European Union, Prime Minister Theresa May said on Tuesday,...
UK Financial Services Sector Drops Demand for Post-Brexit Passporting January 12, 2017 By Andrew MacAskill and Huw Jones Britain’s finance industry has reluctantly given up on efforts to keep full access to the European Union after Brexit and...
Unfettered EU Access Must Be Priority of Brexit Talks: Report January 10, 2017 By Huw Jones Britain’s financial services sector must keep its unfettered access to the European Union’s single market after Brexit given that available...
Brexit Threatens 10% of London’s Financial Jobs: City of London Corp. Official December 22, 2016 By Huw Jones Up to 10 percent of jobs in London’s financial district may be lost if Britain fails to secure adequate access...
More UK Insurers Consider Move to Ireland for Europe HQs: Central Bank December 15, 2016 By Padraic Halpin A growing number of global insurers are considering moving to Ireland and some may choose to locate European headquarters there...
AIG May Move Europe HQ from London to Another EU Country on Brexit November 22, 2016 By Huw Jones and Carolyn Cohn U.S. insurer AIG may move its European headquarters from London to another European Union country because of Britain’s vote to...
With Brexit, UK Government Should ‘Refine Not Replace’ Solvency II: Insurers November 17, 2016 Rather than replacing Solvency II entirely when the UK leaves the European Union, regulators need to refine EU’s insurance regulation...
Lloyd’s Names Former Generali Exec, Vagnone, as Strategy & Change Director November 16, 2016 Lloyd’s announced that Paolo Vagnone has been appointed to the newly created role of Strategy & Change director. Vagnone will...